Yongkang Coolge Technology Co., Ltd.

Yongkang Coolge Co., Ltd. was established in 2016 and focuses on the research, development and sales of electric scooters in the consumer field. Annual output is 500,000 electric scooters. Since its establishment, KUGOO has been working hard to export with its own brand and maintain the "KUGOO" brand with quality, delivery, after-sales, and advertising investment. As of 2020, the "KUGOO" brand registered trademark has been registered in major countries around the world. According to statistics from a Russian third-party agency, the domestic scooter market share shows that the "KUGOO" brand accounts for 35% of domestic sales, far exceeding Xiaomi's 15% share. The company has a warehousing center in Warsaw, the capital of Poland, to radiate to countries within the European Union. The current market is mainly distributed in Europe and Russia, and its main customers include LENOVO, AUCHAN, DARTY, DECATHLON, etc. Next, we will increase our efforts to develop the North American market.